Burlington Stores (NYSE:BURL) Rating Lowered to “Strong Sell” at Zacks Research

Burlington Stores (NYSE:BURL) was downgraded by investment analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a report issued on Tuesday, Zacks reports. Zacks Research also issued estimates for Burlington Stores’ FY2027 earnings at $11.88 EPS.

Several other research analysts have also recently weighed in on BURL. Citigroup cut their price objective on Burlington Stores from $380.00 to $318.00 and set a “neutral” rating on the stock in a research report on Friday, August 28th. Evercore reaffirmed an “outperform” rating and set a $400.00 target price on shares of Burlington Stores in a research report on Monday, August 17th. Wolfe Research started coverage on Burlington Stores in a research note on Wednesday, October 21st. They set an “outperform” rating and a $356.00 target price on the stock. Bank of America lowered their target price on Burlington Stores from $365.00 to $344.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, UBS Group boosted their price target on shares of Burlington Stores from $435.00 to $440.00 and gave the stock a “buy” rating in a report on Monday, August 17th. Fifteen investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Burlington Stores currently has a consensus rating of “Moderate Buy” and a consensus target price of $368.06.

Burlington Stores Trading Down 0.6%

NYSE:BURL opened at $233.65 on Tuesday. Burlington Stores has a 52 week low of $226.85 and a 52 week high of $378.33. The firm has a 50-day moving average price of $265.49 and a two-hundred day moving average price of $308.10. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.47 and a current ratio of 1.17. The firm has a market cap of $14.68 billion, a price-to-earnings ratio of 20.97, a price-to-earnings-growth ratio of 1.50 and a beta of 1.43.

Burlington Stores (NYSE:BURL) last announced its earnings results on Thursday, August 27th. The company reported $2.96 earnings per share for the quarter, topping analysts’ consensus estimates of $2.19 by $0.77. The firm had revenue of $3 billion for the quarter, compared to the consensus estimate of $3.03 billion. Burlington Stores had a return on equity of 41.72% and a net margin of 5.85%. The company’s revenue was up 11.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.72 EPS. Burlington Stores has set its Q3 2026 guidance at 1.600-1.700 EPS and its FY 2026 guidance at 11.770-11.970 EPS. On average, equities analysts expect that Burlington Stores will post 11.93 earnings per share for the current fiscal year.

Insider Transactions at Burlington Stores

In other Burlington Stores news, CMO Jennifer Vecchio sold 1,678 shares of the business’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $271.53, for a total value of $455,627.34. Following the sale, the chief marketing officer directly owned 74,305 shares in the company, valued at $20,176,036.65. The trade was a 2.21% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 1.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in BURL. BlackRock Inc. purchased a new position in shares of Burlington Stores during the 2nd quarter valued at $2,157,518,000. Jupiter Topco LLC purchased a new stake in shares of Burlington Stores in the second quarter worth $283,228,000. Primecap Management Co. CA purchased a new stake in shares of Burlington Stores in the second quarter worth $266,416,000. Bank of New York Mellon Corp purchased a new stake in shares of Burlington Stores in the second quarter worth $148,766,000. Finally, Legal & General Group Plc bought a new stake in Burlington Stores during the second quarter valued at $95,868,000.

Burlington Stores Company Profile

Burlington Stores, Inc (NYSE:BURL) is an off-price retailer offering branded and private-label merchandise at discounted prices. The company sells a broad range of products, including women’s, men’s and children’s apparel; footwear; accessories; home goods; and baby products.

Burlington operates through a nationwide network of stores in the United States. Its off-price model emphasizes opportunistic purchasing, allowing the company to offer changing assortments of merchandise at prices generally below those of department stores and specialty retailers.

The company traces its history to 1972, when it opened its first store in Burlington, New Jersey, as Burlington Coat Factory.